JPMorgan Issues Notes Linked to MerQube US Tech+ Vol Advantage Index

JPMorgan Chase & Co. has announced the issuance of a new financial product tied to the performance of the MerQube US Tech+ Vol Advantage Index (MQUSTVA).

The notes, issued by JPMorgan Chase Financial Company LLC, offer investors a chance to earn a minimum of 18.85% per annum in contingent interest payments.

These payments will be made if the closing level of the MQUSTVA on any Interest Review Date is greater than or equal to the Interest Barrier of 75.00% of its Initial Value.

The notes will automatically call and mature early if the closing level of the MQUSTVA on any Autocall Review Date is at least 100% of the Initial Value, resulting in a return of principal plus a contingent interest payment.